NEWS

5AM VENTURES RAISES $250 MILLION LIFE SCIENCE VENTURE CAPITAL FUND

Menlo Park, CA, December 3, 2013 – 5AM Venture Management, LLC (5AM) of Menlo Park, CA and Waltham, MA is pleased to announce the closing of 5AM Ventures IV, L.P., a $250 million venture capital fund focused on the building of life science companies. The capital was raised from a broad range of existing and new institutional investors including endowments, family offices, foundations, funds-of-funds and pension funds.

Created by successful industry executives and experienced venture capitalists, the 5AM team takes a focused, hands-on approach to company building. 5AM portfolios are well diversified, including innovative platform technologies, spinouts from established life science companies, and companies developing near-term products. 5AM will continue to target early-stage life science companies with most of its investments focused on the discovery and development of novel therapeutics.